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Selling a building in 2018

If you sold a building of a prescribed class in 2018, special rules may make the selling price an amount other than the actual selling price. This happens when you meet both of the following conditions:

You, or a person with whom you do not deal at arm's length, own the land on which the building is located, or the land adjoining the building if you need the land to use the building

You sold the building for less than its cost amount and its capital cost